Dollar sluggish to start the new week – ForexLive
USD/JPY isn’t the only mover today. The dollar has also fallen against other major currencies, with EUR/USD being the most notable. The pair has edged up to 1.1040 after Friday’s rally and looks poised to settle at its highest since December. The dollar’s struggles come even as traders have backed off on their outlook for […]
US Dollar dips on Friday after mixed economic data – FXStreet
The US dollar weakened following the University of Michigan’s economic sentiment index and housing market data. The market remains confident of a rate cut in September. The dollar may remain sensitive to data releases. The US Dollar (USD), as measured by the US Dollar Index (DXY), fell on Friday following the release of University of […]
Japanese Yen depreciates as US Dollar gains ground due to higher Treasury yields – FXStreet
The Japanese yen pared its intraday gains despite the hawkish outlook for the Bank of Japan. Japan’s parliament is due to hold a special session to discuss the Bank of Japan’s interest rate hike last month. Weak U.S. Producer Price Index (PPI) data has reduced the chances of a significant Fed rate cut in September. […]
Australian Dollar advances further due to rising odds of RBA adopting a hawkish stance – FXStreet
The Australian dollar fell after the RBNZ delivered an unexpected 25 basis points interest rate cut on Wednesday. The Australian dollar could face challenges as safe-haven inflows amid rising geopolitical tensions in the Middle East. The US dollar weakened following weak producer price data on Tuesday. The Australian dollar (AUD) fell against the US dollar […]
Dollar tenses for data verdict on rate cut risks – Yahoo Finance
By Wayne Cole SYDNEY (Reuters) – The dollar was volatile on Tuesday as investors waited to see how U.S. economic data might affect the chances of a bigger interest rate cut, while gains in Japanese shares helped stem losses in the yen carry trade. The dollar briefly hit a one-week high of 148.23 yen overnight […]
Dollar dips as yen heads for first weekly drop in six By Reuters – Investing.com
By Hannah Lang NEW YORK (Reuters) – The dollar retreated from a one-week high against major currencies on Friday, capping several turbulent days as traders digested falling U.S. jobless claims and the prospect of a looming economic recession. The US dollar fell against the Japanese yen after three days of rebounding after Thursday’s better-than-expected jobs […]
Exclusive-Billions in dollar and euro notes reach Russia despite sanctions By Reuters – Investing.com
Gleb Stolyarov, Philip Lebedev, Alexander Marlow LONDON (Reuters) – About $2.3 billion worth of dollar and euro banknotes have been exported to Russia since the United States and European Union banned paper currency exports to Russia in March 2022 following the invasion of Ukraine, according to customs data seen by Reuters. The previously unreported figures […]
Candy sold at Target, Walmart, Dollar General stores recalled due to salmonella threat
Candy sold at stores across the US, including Walmart, Target and Dollar General, has been recalled due to the risk of salmonella poisoning. “Palmer Candy Company of Sioux City, Iowa, is recalling “white coated confectionery products” due to possible contamination. Salmonella“Microorganisms that can cause serious, sometimes fatal, infections in infants, the infirm, elderly, and other […]
‘My Dollar Went Further When Trump Was President’: Swing State Voters Blast High Housing Prices Under Biden-Harris
According to The Wall Street Journal, Midwesterners are frustrated by rising home prices and the cost of living under Biden, highlighting how they had more money under former President Donald Trump’s tenure. Milwaukee-area residents once considered the battleground state a great place to live, but prices have skyrocketed under President Joe Biden, leaving many struggling […]
Dollar, yen hold tight ranges ahead of BOJ, Fed By Reuters – Investing.com
Bridget Riley TOKYO (Reuters) – The dollar and yen traded within a narrow range on Tuesday as traders awaited a string of major central bank decisions, starting with midweek monetary policy meetings by the Bank of Japan and the U.S. Federal Reserve. The Japanese yen, which surged more than 2 percent against the dollar last […]